What happens to quantity supplied when the price is raised?
A) It rises
B) It falls
C) It stays the same
D) It cannot be determined if it rises,falls,or stays the same
Correct Answer:
Verified
Q132: If price were set by the government
Q133: The _ is constantly sending buyers and
Q134: A supply schedule is determined by the
Q135: When quantity demanded is greater than quantity
Q136: Which statement is true?
A)An effective price ceiling
Q138: What happens to quantity demanded when price
Q139: Which situation below would represent a shortage
Q140: If the price system is allowed to
Q141: If the government set a price ceiling
Q142: As price falls,quantity supplied
A)rises.
B)falls.
C)remains the same.
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